OMP ANNOUNCES INFILL LOS ANGELES INDUSTRIAL ACQUISITION
EmitenTrust.com TORRANCE, Calif., Oct. 8, 2026 /PRNewswire/ -- Overton Moore Properties ("OMP") announced today that it has acquired 14555 Alondra Boulevard, a 248,105-square-foot industrial facility in La Mirada. The acquisition provides strong in-place cash flow at an attractive going-in yield, with contractual annual rent increases through the remaining lease term.
Situated on 13.5 acres in the Mid-Counties submarket less than one mile from Interstate 5, the heavy industrial facility features ample dock-high, drive-in and grade-level loading across two buildings, 1600-amp power, and an oversized secured concrete yard - highly functional features that are exceedingly difficult to replicate in infill Los Angeles. The asset is 100% leased to a high-quality tenant, with approximately 5.5 years of remaining lease term.
"We are excited to expand our infill Los Angeles footprint with the acquisition of 14555 Alondra, a highly functional industrial facility leased long-term to an entrenched tenant," said Pete Cassiano, Chief Investment Officer of OMP. "The combination of the asset's attractive basis, durable in-place cash flow and strong long-term market fundamentals in infill Southern California made this a great addition to our growing portfolio."
ABOUT OMP
Overton Moore Properties (OMP) is a privately held company specializing in real estate development, acquisition, asset management, and construction management of industrial real estate. OMP's long-term value outlook, local market knowledge, deep relationships with tenants and the brokerage community, and strong institutional partnerships have contributed to its success throughout the past 52 years. OMP has constructed and acquired more than 40 million square feet of industrial and mixed-use space across California, Arizona, Nevada and Utah. Please visit our website at www.omprop.com.
Press Contact: Felix Vollrath
felix@omprop.com
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SOURCE Overton Moore Properties